I notice that AIOCF is down just over 8% this morning. I saw no news and will hazard a guess that it’s falling because of the drop in AMBA.

So, my take is that AMBA is falling because some sales that were expected to be in Q3 happened early and were reported in Q2. This could make Q3 earnings come up lighter than expected…so the price needs to drop 15%, even though growth past next quarter is still expected to not be diminished. Short-term trader thinking…get out for now. Long-term investor thinking…buying opportunity, but a little afraid.

So, what’s up with AIOCF due to that? AMBA selling chips to someone else a quarter early has no relationship at all to AIOCF. AMBA makes video chips, AIOCF uses video chips. Two different things, at least in this case in no way related that I can see. Is it real, live people who think there is some relationship to apply here or is it computer algorithms that somehow tie them together? It’s a bit of a mystery to me.


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Avigilon Chief Operating Officer Bryan Schmode Resigns…Dow Jones

Avigilon Announces Streamlined Management Structure

Canada NewsWire

VANCOUVER, Sept. 2, 2015

Reorganization invigorates the Company for continued profitable growth

VANCOUVER, Sept. 2, 2015 /CNW/ - Avigilon Corporation (“Avigilon” or the “Company”) (TSX:AVO), a leading global provider of end-to-end security solutions, today announced a reorganization of its senior management team to streamline its reporting structure and increase operational efficiency.

Avigilon’s seven major departments, being product development, sales, marketing, operations, finance, legal, and human resources, will now report directly to Alexander Fernandes, Avigilon’s Founder, President, Chief Executive Officer, and Chairman of the Board. This refreshed structure brings Mr. Fernandes closer to Avigilon’s day-to-day operations while empowering department leaders with greater authority.

In connection with the reorganization, Bryan Schmode has resigned as Avigilon’s Chief Operating Officer; Bryan will provide consulting services to the Company to ensure business continuity over the next year. Collis Heath, Avigilon’s former Senior Vice President of Global Operations, has also left the Company.

“Avigilon has experienced tremendous growth in its business and employee base,” said Mr. Schmode. “I’m extremely proud of Avigilon’s achievements and ongoing success.”

“I wish to thank Bryan for his contributions to Avigilon, which have greatly added to our success,” said Mr. Fernandes. “This reorganization is the culmination of recent management changes designed to foster a nimble and dynamic culture. Avigilon outpaces its competitors, and our refreshed leadership structure supports this fast pace by facilitating efficient decision-making and innovation.”…